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– 2012

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Canasil Reviews La Esperanza and Other Mexico Projects on Korelin Economics Report

Vancouver, October 22, 2012 - Canasil Resources Inc. (“Canasil”, TSX-V: CLZ , DB Frankfurt: 3CC) announces that Canasil was featured in the Korelin Economics Report radio show on Saturday October 20, 2012. Al Korelin and Bahman Yamini, President & CEO of Canasil, discussed the Company’s La Esperanza silver-lead-zinc project, where MAG Silver Corp. has mobilized for a 3,500 metre diamond drill program under an option agreement to earn a 60% interest through CAD$ 5,000,000 in exploration expenditures from September 2010 to September 2014. The interview also covered Canasil’s Salamandra silver-copper-zinc and Sandra-Escobar silver-gold projects in Durango State, Mexico, both hosting potentially large mineralized systems with significant exploration completed to date.

A link to the interview is attached below:

http://www.kereport.com/wp-content/uploads/1020-2-3.mp3

About Canasil:

Canasil is a Canadian mineral exploration company with interests in precious and base metal projects in Durango, Sinaloa and Zacatecas States, Mexico, and in British Columbia, Canada. The Company’s directors and management include industry professionals with a track record of identifying and advancing successful mineral exploration projects. The Company is actively engaged in the exploration of its mineral properties.

For further information please contact:

Bahman Yamini, President & CEO
Canasil Resources Inc.
Tel: 604-709 0109
www.canasil.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.